Penn National Gaming is set to launch sports betting in Iowa next week at Ameristar Casino Council Bluffs.
The venue will open its new Kambi-powered sportsbook on Thursday 15 August at the renovated Amerisports Bar & Grill, complete with a wagering counter with ticket writer stations and a number of television screens.
In addition, sports betting kiosks will be located throughout the property, providing thousands of betting options for customers to wager on national and international sporting events.
“Iowa is poised to become the first midwestern state to offer sports wagering since the federal ban was repealed last year,” said Penn National CEO Timothy Wilmott. “We appreciate the diligence of the Iowa Racing and Gaming Commission that will allow us to begin offering this great new amenity at Ameristar Casino Council Bluffs prior to the kickoff of football season.”
Placing the first wager at Ameristar Casino Council Bluffs will be University of Iowa football legend Tim Dwight, a two-time All-American at the University of Iowa and 10-year NFL veteran who played in Super Bowl XXXIII as a member of the Atlanta Falcons.
“Customers have been clamoring to place sports bets since the law passed earlier this year,” said Paul Czak, general manager at Ameristar Casino Council Bluffs. “Collegiate and professional sports are embedded in the culture of Iowa and Nebraska. We look forward to welcoming customers from across the region at the incredible new sports book at Ameristar Casino Council Bluffs.”
Penn National is expected to be one of the first operators to launch sports betting in Iowa. It will compete against the likes of Betfred, which announced its maiden sports betting partnership in the US with Iowa’s Elite Casino Resorts, while PointsBet has partnered Catfish Bend Casino.
William Hill will operate the sportsbooks at Eldorado Resorts’ newly constructed Isle Casino Hotel Bettendorf and Isle Casino Hotel Waterloo.
Shares in Penn National Gaming Inc (NSQ:PENN) closed down 3.70 per cent at $17.70 per share in New York Wednesday.